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Potrzebie posted:Sell 150 million pills at $50 each, now that your market has grown massively, while increasing the already perverse profit margin due to economics of scale? They could spend another $1 billion manufacturing an airborne virus to infect enough people to increase the demand for the pill from 50 million to 150 million and still come out ahead, so technically this is a good post.
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Aug 24, 2018 08:48
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People I've talked to locally seem to not realize that tariffs existed before 2016. Not that I agree with the new ones, but zero tariffs whatsoever on everything from everywhere is pretty silly. I mean I thought it was a joke the first time I heard it.
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Aug 24, 2018 08:52
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poo poo like the chicken tax has been in place for 40 some odd years (I don't follow it that closely, I think it's still around) and it, like all tariffs, had unintended and dumb consequences
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Aug 24, 2018 13:54
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And big pharma has some of the highest profit margins in the world so spare the loving violins. That's not even to address.companies like Valeant
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Aug 24, 2018 13:56
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greasyhands posted:poo poo like the chicken tax has been in place for 40 some odd years (I don't follow it that closely, I think it's still around) and it, like all tariffs, had unintended and dumb consequences Yup, still a thing and still loving up things. The US even updated that bullshit in the 80's to close loopholes on stuff like Japanese-built light-duty trucks. It's the reason that companies like Ford have to do really insane poo poo like import their Turkish-built Transit vans as "passenger" vans, then strip out all the passenger bits to convert them to actual commercial vans. All those bits? They get shredded and recycled. And that's cheaper than paying the increased tax on bringing them in from Turkey in non-passenger config. It's one of the reasons the US doesn't get the VW Amarok, Toyota Hilux, and didn't have the Ford Ranger for awhile. I think this is also the reason that Mercedes won't be selling the X-Class here. FreelanceSocialist fucked around with this message at 14:14 on Aug 24, 2018 |
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Aug 24, 2018 14:11
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that doesn't mean it will continue
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Aug 24, 2018 14:42
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Cheesemaster200 posted:Some of you may have noticed that I am pro-tariff in this thread, and the reason for that is poo poo like this. Other countries love the lecture about the benefits of "free trade" and "open markets", but in reality they practice anything but. State sponsored capitalism was not pioneered by the Chinese, and I think our idealism on free trade is putting the country at a disadvantage. Now I am not saying that acting like a complete loving buffoon is the best way to address it, but the problem is real. My biggest complaint about Trump is that he is making a lot of legitimate issues completely taboo with the whole #resist movement because he can't address them like an adult. 100% agree
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Aug 24, 2018 14:44
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Can anyone recommend a good book on options trading?
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Aug 24, 2018 14:45
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Wicaeed posted:I bought AMD @$12 back in March, then it dipped to $9. While I'm glad I HODL'd then, I really wish I would have bought more at the reduced price while I could. Wasn't there already a ban from selling high end processors to China? https://wccftech.com/us-government-bans-intel-nvidia-amd-chips-china/ The tariffs will hurt but if I remember from the earning call AMD ceo Lisa Su said they didn't have much market share in China mostly because they were scared of ip protection. I do expect there to be some sort of correction next week even though some analyst have moved their price for $30 on AMD.
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Aug 24, 2018 14:46
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Chill Penguin posted:Can anyone recommend a good book on options trading? Option Volatility and Pricing is the classic iirc http://a.co/d/aqgwxnZ
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Aug 24, 2018 14:48
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Goodpancakes posted:Ahhhh that old Chestnut. The U.S. just really taking one for the world so that we can make drugs to save everyone! There are well publicised and far more in depth criticisms that address how elevated healthcare costs aren't attributable to R and D costs, especially when pharmaceutical companies are dumping many, many times their R&D budgets on advertising. Not to mention their absurd profit margins already posted about. Many, many times you say? In 2017, Pfizer spent $7.65 billion on R&D and $3.1 billion on advertising. Regardless, the high advertising costs are primarily spent where? The US. Why? Because of the same reason I indicated above. They need to cash out on the markets without cost regulation. Profit margins are of course very high, but that represents the highly risky business that they are in and the volatility of their returns. As everyone here loves to gamble on penny stocks, I am sure you are familiar on how a bio-pharmaceutical company can live or die at the whim of the FDA. Larger companies are obviously more diverse, but they have the same issues. You could regulate the costs of these drugs just like the other countries, but now you have the issue of how the pharmaceutical companies react. Will they still take the same risks? Will the cost regulation also include an overhaul of the FDA approval process? Maybe, maybe not. This isn't as simple as just "tearing down the US healthcare system". Healthcare represents nearly 20% of GDP; that is not a ship that turns very quickly.
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Aug 24, 2018 15:03
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spb posted:Option Volatility and Pricing is the classic iirc http://a.co/d/aqgwxnZ I'm a big fan of: Options as a Strategic Investment https://www.amazon.com/dp/0735204659/ref=cm_sw_r_cp_apa_XNbGBbPTFKDTE
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Aug 24, 2018 15:45
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Risky Bisquick posted:
I ate poo poo loving fast betting on weed go down next day after that 20% pop. Because I am a slow learner, I am giving this one more try. I thiiiiink the hype rally is out of steam and people will cash out. If this blows up on me again I think I'll just leave options alone for awhile and stick to "buy thing and hope it goes up". What a fascinatingly fast way to make or lose money though. Might be a little too close to straight gambling for me.
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Aug 24, 2018 20:40
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At work, a couple guys had a post work bar trip giving each other  s on our crazy WEEDfolios (50%+ exposure this week  ). I'm 50% cash again for more WEED plays next week 
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Aug 24, 2018 21:04
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The Butcher posted:I ate poo poo loving fast betting on weed go down next day after that 20% pop. smoke some weed and then think about it
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Aug 24, 2018 21:07
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Risky Bisquick posted:At work, a couple guys had a post work bar trip giving each other I really should rebalance out of IIPR, it’s more of that portfolio than I want it to be, but I don’t have a legitimate thesis for anything.
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Aug 24, 2018 21:10
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I made 20% on various weed stocks over the month. im going to look at how long the hype lasted last year after the legislation was approved or whatever for my selling strat but there is a ways to go until oct 17th. i think some are going to be worth holding onto in the long run but its so volatile i fully expect it to fall again just like it did last year for a lot of them.
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Aug 24, 2018 21:12
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I bought AMD at $9.90 a few months ago, this has been insane Full story is that I couldn't decide which cryptocurrency (lol) to go big on, and I figured AMD was a good way to get generalized exposure. lol
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Aug 24, 2018 21:19
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AMD's rally has nothing to do with Crypto, literally nothing. 7nm EPYC is presently sampling to customers and being validated for next year. April next year when Zen2 (7nm) on the consumer rolls around it's going to be ugly.
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Aug 24, 2018 21:22
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Risky Bisquick posted:AMD's rally has nothing to do with Crypto, literally nothing. No poo poo dude lol. Crypto is down over 50% since the last time AMD was under $10
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Aug 24, 2018 21:24
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I think Intel repeatedly slamming doors on its cock is helping a lot too
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Aug 24, 2018 23:25
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I bought 200 INTC at open today and sold it an hour later lol.
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Aug 25, 2018 00:10
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I shorted AMD thinking they will stop. EDIT: holy poo poo didn't realize its near $24 now. shame on an IGA posted:I think Intel repeatedly slamming doors on its cock is helping a lot too fougera fucked around with this message at 16:25 on Aug 26, 2018 |
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Aug 25, 2018 02:35
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Lawsuit secured! https://www.tesla.com/blog/staying-public
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Aug 25, 2018 05:44
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drat shoulda let my 9/7 put ride. Sold it at open on Monday for a healthy profit
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Aug 25, 2018 06:36
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Real no-poo poo pic of HMNY issuing shares: 
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Aug 25, 2018 12:56
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Risky Bisquick posted:At work, a couple guys had a post work bar trip giving each other I made a good deal of money from CGC earlier this year, before all of these recent crazy rallies that I missed. I wonder how high it'll go before stalling out. I don't have the stomach for it anymore. Also, thanks to the kind and righteous goon who Milton Friedman'd out the horrible #MAGA avatar I'd been given! 
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Aug 25, 2018 16:08
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Brief update on the guy that mortgaged his house to buy Tesla at $370. Post from today  quote:I’m fine. I sold a BRK.A share from another account to pay off the loan. Guess I'm a TSLA shareholder now. I'm going to wait for the dust to settle and things to get boring before I sell. Whatev.  He’s also Canadian, I believe.
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Aug 25, 2018 22:00
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BCRH closed at $9.90 a share Friday. Book value $14.20, $6 is cash and most of the rest is short term treasuries. Just authorized a 500,000 share buyback. They’re a reinsurer concentrated in Florida and the gulf with not much exposure to California or Hawaii and the Atlantic hurricane season is supposed to be weak this year. Beaten up hard because of Irma and to a lesser extent Harvey last year. Guidance was that they will probably return some of the loss provisions to book value over the course of the next few quarters as well (although this may be weird because they just added more to their loss provisions for Irma, which is part of the reason they’re so beat up). Normally pays a $.30 quarterly dividend and then a supplemental dividend at the end of the year to bring the payout rate to 90%. Not sure how the buyback would figure into that but regardless the buyback would add about .80 per share to book value. Gonna take a flyer.
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Aug 26, 2018 23:06
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I don't even understand what the gently caress is going on with weed but some of these companies are up over 100% in the last month 
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Aug 27, 2018 16:47
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Syrinxx posted:I don't even understand what the gently caress is going on with weed but some of these companies are up over 100% in the last month a good chunk of them arent even close to their ATHs yet
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Aug 27, 2018 17:42
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Is it just me or does shorting GME seem like the most obvious play ever? Jan 19 $12 calls are like $0.80 right now.
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Aug 27, 2018 17:44
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Syrinxx posted:I don't even understand what the gently caress is going on with weed but some of these companies are up over 100% in the last month I assume it's the approach of Canadian rec sales plus that colossal investment into CGC a couple of weeks ago by Constellation. Chill Penguin posted:Is it just me or does shorting GME seem like the most obvious play ever? Jan 19 $12 calls are like $0.80 right now. If you think no one will buy them out, sure.
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Aug 27, 2018 17:49
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Bought ENDP March 15th and I have no idea how long this will continue
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Aug 27, 2018 17:50
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Chill Penguin posted:Is it just me or does shorting GME seem like the most obvious play ever? Jan 19 $12 calls are like $0.80 right now. $12 looks to be a floor to me. I dont know what would cause it to break that support level, especially with how poorly they are doing already.
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Aug 27, 2018 17:56
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LLCoolJD posted:I assume it's the approach of Canadian rec sales plus that colossal investment into CGC a couple of weeks ago by Constellation. Colossal indeed. $4b is like more cash than the next half dozen largest weed competitors have, combined.
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Aug 27, 2018 18:04
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At this point I’m convinced Elon Musk could announce he is using all investor money to wipe his rear end while bulldozing the factory and TSLA would only go down like 3% before recovering.
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Aug 27, 2018 18:15
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AMD shorts have to be covering, this is insane.
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Aug 27, 2018 18:26
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Risky Bisquick posted:AMD shorts have to be covering, this is insane. HAHAHA I haven't checked the price in a long time and ho boy bought that in 2016 and sold a month later at just under $4 and +20% nice Harry Potter on Ice fucked around with this message at 18:38 on Aug 27, 2018 |
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Aug 27, 2018 18:36
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Risky Bisquick posted:AMD shorts have to be covering, this is insane. AMD shorts have been covering for a while now. This stock has been insane since the earning calls and all of this year.
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Aug 27, 2018 19:20
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